10 Crypto Stocks for 2022

Nano and Nexty: Are these real and practical cash alternatives? Let’s find out!

Blockchain is no longer a fashion nerd! Bitcoin has revolutionized the way many of us see currencies, books, funds transfers and transactions. The beauty of all virtual currencies is that almost every one of them tries to solve the problem. And here comes our coin of interest – Nexty. At the time of writing, the similarity of the Nexty platform will be compared to the Nano – XRB to better understand this platform.

Simply put, the Nexty platform is presented as a transaction system that will eliminate the concept of transaction fees, while providing ultra-fast transfers to make it easier for its users. In addition, transfers are extremely fast because transactions do not require miners to make a confirmation as in the case of other virtual currencies such as Bitcoin, etc.

However, according to a white paper published by the creators of Nexty, the primary use of Nexty is aimed at start-ups of e-commerce to help generate public funding. Since there is no transaction, ultra fast transfer (2 seconds! And that’s pretty real time) and confirmation fees, fundraising will become less of a hassle. The coin surgically targets e-commerce stores because it will cultivate an eco-system in which these stores will accept NTY coins from customers.

The concept behind NTY makes everyday online shopping a seamless experience. The team behind NTY consists of Blockchain developers and established marketers. Some of the team members have ten to 12 years of experience in full stack development and marketing.

Some of you might argue that the Nano – formerly known as Railblocks, XRB – already performs the same functions as NTY. The XRB coin is a bit unique because it uses its proprietary block grid data structures. This is why each Nano account has its own blockchain that reduces latency for fast transfers. In addition, XRB is energy and resource efficient and does not need a state-of-the-art GPU system to execute transactions. However, the Nano does not come with the option of a smart contract. Smart contracts are designed to exchange drivers for any cryptocurrency. These agreements assist in the exchange of assets, real estate, shares or any tangible or intangible entity of financial value. Smart contracts also suppress the need for brokers while seamlessly transmitting our crypto to exchange assets. Apart from this one difference, NTV and XRB (Nano) are more or less identical. Another great feature of the Nexty platform is its integration into existing e-commerce applications such as Joomla. According to NTY developers, integration takes a maximum of 3-4 hours.

To balance NTY’s supply and demand, the platform comes with a built-in smart investment program. This program offers bonuses and credits for buying, selling and holding Nexty. The system is intended for investors and everyday users at the same time.

The possibilities of the Nexty and Nano platforms are huge. Just imagine a world where crypto is replacing conventional wallets and transactions are fast! For example, if a seller accepts BitCoin, they may not hand over goods and services to you before the transaction is confirmed by a number of minors. And now re-imagine paying for goods and services in a fast-moving currency with zero transaction fees regardless of minor checks!

Cryptocurrencies have been around for some time and there are several papers and articles on the basics of cryptocurrency. Not only have cryptocurrencies flourished, but they have opened up as a new and reliable opportunity for investors. The crypto market is still young, but mature enough to enter an adequate amount of data for analysis and predict trends. Although it is considered the most unstable market and a huge gamble as an investment, it has now become predictable to a certain extent, and bitcoin futures are proof of that. Many stock market concepts have now been applied to the crypto market with some modifications and alterations. This gives us another proof that many people adopt the cryptocurrency market every day, and currently more than 500 million investors are present on it. Although the total market capitalization of the crypto market is $ 286.14 billion, which is approximately 1/65 of a share at the time of writing, the market potential is very high given its success despite its age and the presence of already established financial markets. The reason for this is nothing but the fact that people have begun to believe in technology and products that support crypto. It also means that crypto technology has proven itself so much that companies have agreed to put their assets in the form of crypto coins or tokens. The concept of cryptocurrency became successful with the success of Bitcoin. Bitcoin, which was once the only cryptocurrency, now contributes only 37.6% to the total cryptocurrency market. The reason for this is the emergence of new cryptocurrencies and the success of projects that support them. This does not mean that Bitcoin has failed, in fact, the market capitalization of Bitcoin has increased, but what indicates that the crypto market has expanded as a whole.

These facts are enough to prove the success of cryptocurrencies and their markets. And in reality, investing in the Crypto market is now considered safe, to the extent that some invest as in their retirement plan. So what we need next are crypto market analysis tools. There are many such tools that allow you to analyze this market in a way similar to a stock market that provides similar metrics. Including market capitalization of coins, stalkers, cryptocurrencies and investments. Although these metrics are simple, they provide key information about the cryptocurrency under consideration. For example, a high market capitalization indicates a strong project, a large 24-hour volume indicates a high demand, and a supply in circulation indicates a total amount of coins and a cryptocurrency in circulation. Another important metric is cryptocurrency volatility. Volatility is how much the price of a cryptocurrency varies. The crypto market is considered very volatile, a payout at the moment can bring in big profits or make you tear your hair out. So what we are looking for is a cryptocurrency that is stable enough to give us time to make a calculated decision. Currencies such as Bitcoin, Ethereum and Ethereum-classic (not particularly) are considered stable. Because they are stable, they must be strong enough so that they do not become invalid or simply cease to exist in the market. These features make cryptocurrencies reliable, and the most reliable cryptocurrencies are used as a form of liquidity.

As far as the crypto market is concerned, volatility goes hand in hand, but also its most important feature, decentralization. The crypto market is decentralized, which means that a fall in the price of one cryptocurrency does not necessarily mean a downward trend in any other cryptocurrency. This gives us an opportunity in the form of what are called mutual funds. It is a concept of managing the portfolio of cryptocurrencies in which you invest. The idea is to expand your investments to more cryptocurrencies to reduce the risk if any cryptocurrency goes into the race

Similar to this concept is the concept of the index in the crypto market. Indices provide a standard reference point for the market as a whole. The idea is to choose the best currencies on the market and distribute the investment among them. These selected cryptocurrencies change if the index is dynamic in nature and takes into account only the best currencies. For example, if the ‘X’ currency falls to 11th position in the crypto market, the index that takes into account the top 10 currencies will now not take into account the ‘X’ currency, but will start considering the ‘Y’ currency that has taken its place. Some providers such as cci30 and crypto20 have tokenized these Crypto indexes. While this may seem like a good idea to some, others object to the fact that there are some prerequisites for investing in these tokens, such as a minimum amount of investment required. While others, such as cryptosis, provide the methodology and value of the index, along with the components of the currency, so that the investor is free to invest the amount he wants and choose not to invest in the cryptocurrency otherwise included in the index. Thus, indices give you the choice to further smooth volatility and reduce the risk involved.

Conclusion

The crypto market might seem risky at first glance and many might still be skeptical about its authenticity, but the maturity this market has achieved in the short period of its existence is incredible and is sufficient proof of its authenticity. The biggest concern of investors is volatility, for which there was a solution in the form of an index.

Rich rewards often carry great risks, and the same is true with the highly volatile cryptocurrency market. Uncertainties in 2020 have led globally to increased interest from the masses and large institutional investors in cryptocurrency trading, a new-age asset class. Increased digitalisation, a flexible regulatory framework and a supreme court that lifted a ban on banks doing business with crypto-based companies halted the investment of more than 10 million Indians last year. Several major global cryptocurrency exchanges are actively exploring the Indian cryptocurrency market, which shows a continuous increase in daily trading volume over the past year amid a sharp drop in prices as many investors looked to buy value. As the cryptocurrency craze continues, many new cryptocurrency exchanges have emerged in the country that enable buying, selling and trading by offering functionality through user-friendly applications. WazirX, India’s largest cryptocurrency trading platform, doubled its users from one million to two million between January and March 2021.

What drives the world’s largest crypto exchanges on the Indian market?

In 2019, the world’s largest cryptocurrency exchange by trading volume, Binance bought Indian trading platform WazirX. Another crypto start-up, Coin DCX has secured an investment from Seychelles-based BitMEX and San Francisco-based giant Coinbase. Crypto and blockchain startups in India attracted investments of $ 99.7 million by June 15, 2021, for a total of about $ 95.4 million in 2020. In the last five years, global investment in the Indian crypto market has increased by an incredible 1487%.

Despite India’s vague policies, global investors are making big bets on the country’s digital coin ecosystem due to a number of factors such as

• Technologically savvy Indian population

The predominant population of 1.39 billion are young (average age between 28 and 29) and technically savvy. While the older generation still prefers to invest in gold, real estate, patents or stocks, the newer ones accept high-risk cryptocurrency exchanges because they are more flexible. India ranks 11th in the 2020 Chainalysis report on the list for global adoption of cryptocurrencies, showing excitement over cryptocurrencies among the Indian population. No less than the government’s friendly attitude towards cryptocurrencies or rumors swirling around cryptocurrencies can shake the confidence of the youth population in the digital coin market.

India offers the cheapest internet in the world, where one gigabyte of mobile data costs around $ 0.26, while the global average is $ 8.53. Thus, nearly half a billion users benefit from affordable internet access, which increases India’s potential to become one of the world’s largest crypto-economies. According to SimilarWeb, this country is the second largest source of web traffic on the peer-to-peer bitcoin trading platform, Paxful. While the mainstream economy is still struggling with the “pandemic effect”, cryptocurrency is gaining momentum in the country as it provides young generations with a new and fast way to make money.

It is safe to say that cryptocurrencies could become Indian millennials, which is gold for their parents!

• The rise of Fintech start-ups

The craze for cryptocurrencies has led to the emergence of multiple trading platforms such as WazirX, CoinSwitch, CoinDCX, ZebPay, Unocoin and many others. These cryptocurrency exchange platforms are highly secure, available on a variety of platforms and enable instant transactions, providing a friendly interface for crypto enthusiasts to buy, sell or trade digital assets indefinitely. Many of these platforms accept INR for purchases and trading fees of only 0.1%, so simple, fast and secure platforms represent a lucrative opportunity for both first-time investors and local retailers.

WazirX is one of the leading cryptocurrency exchange platforms with more than 900,000 users, providing users with the possibility of equal transactions. CoinSwitch Kuber provides the best cryptocurrency exchange platform for Indians and is ideal for beginners as well as for those who work every day. Unocoin is one of the oldest cryptocurrency exchange platforms in India with over one million traders via mobile applications. CoinDCX provides users with more than 100 cryptocurrencies as an exchange option, and even provides investors with insurance to cover losses in the event of a security breach. So, global investors are looking at the multitude of cryptocurrency exchange platforms in India to take advantage of the emerging market.

• Mixed government response

A bill banning virtual currency that would criminalize anyone involved in the possession, issuance, mining, trading and transfer of cryptocurrencies could be passed in law. However, Finance and Corporate Affairs Minister Nirmala Sitharaman eased concerns from some investors by saying the government had no plans to ban the use of cryptocurrencies altogether. In a statement given to the leading English newspaper, Deccan Herald, the Minister of Finance said: “For our part, we are very clear that we are not closing all options. We will allow certain windows for people to experiment on blockchain, bitcoins or cryptocurrencies.” It is obvious that the government is still examining the national security risks posed by cryptocurrencies before deciding on a total ban.

In March 2020, the Supreme Court overturned a central bank decision to ban financial institutions from doing cryptocurrencies, prompting investors to gather in the cryptocurrency market. Despite long-standing fears of a ban, the volume of transactions continued to grow, and user registration and cash inflows on the local cryptocurrency exchange increased 30-fold from a year earlier. One of India’s oldest stock exchanges, Unocoin added 20,000 users in January and February 2021. The total volume of Zebpay per day in February 2021 is equivalent to the amount generated throughout February 2020. Addressing the cryptocurrency scenario in India, the Finance Minister in an interview with CNBC-TV18 said: “I can only give you a hint that we are not closing our minds, but looking for ways in which experiments can take place in the digital world and cryptocurrency.”

Instead of sitting on the sidelines, investors and stakeholders want to make the most of the expansion of the digital coin ecosystem until the government imposes a ban on “private” cryptocurrency and announces a sovereign digital currency.

Is India moving towards financial inclusion with cryptocurrencies?

Formerly considered a “boys’ club ”due to the dominant engagement of the male population in the cryptocurrency market, the ever-growing number of female investors and traders has led to more gender neutrality in new and digital forms of investment methods. Women used to stick to traditional investments, but now they are becoming increasingly risky and entering the crypto space in India. After the Supreme Court clarified the legality of the “virtual currency,” India’s cryptocurrency platform, CoinSwitch witnessed an exponential increase of 1,000% of female users. Although female investors still make up a small percentage of the crypto community, they are creating fierce competition in the Indian market. Women tend to save much more than their male counterparts, and greater savings mean greater diversity in investments such as high-return assets such as cryptocurrencies. Also, women are more analytical and better at assessing risks before making the right investment choices, so they are more successful investors.

Increasing the usual institutional adoption of cryptocurrencies

Uncertainty and panic caused by SARS-Covid 19 led to a liquidity crisis even before the economic crisis erupted. Many investors have turned their funds into cash to protect their finances, resulting in falling bitcoin and altcoin prices. But even though the cryptocurrency suffered a major crash, it still managed to be the asset class with the best performance in 2020. With the increased vulnerability of the system and the loss of confidence in central bank policies and money in its current design, people have an increased appetite for digital currencies resulting in the return of cryptocurrency. Due to the great performance of cryptocurrency in the midst of the global financial crisis, the upward trend has strengthened interest in the virtual currency market in Asia and the rest of the world.

Furthermore, to stimulate society’s demand for practical and reliable transactional solutions, digital payment applicants such as PayPal have also demonstrated their support for cryptocurrencies that can enable consumers to hold, buy or sell virtual assets. Recently, Tesla CEO Elon Musk announced an investment in the cryptocurrency market worth $ 1.5 billion, and that the electric company will accept bitcoin from customers, which led to an international jump in the price of bitcoin from $ 40,000 to $ 48,000 within two days . The two largest payment platforms worldwide, Visa and Mastercard, also support cryptocurrencies by introducing them as a medium for conducting transactions. While Visa has already announced that it allows transactions with stable coins on the Ethereum blockchain, Mastercard will start transactions with cryptocurrencies sometime in 2021.

What is the future of the cryptocurrency market in India?

The Indian cryptocurrency market is not immune to the terrible declines of cryptocurrencies. Despite huge investments from global partners, local investors continue to stay away from crypto investments due to uncertainty over the legality of India’s digital coin ecosystem, as well as high market volatility. Although the cryptocurrency market has been booming since last year, Indians own less than 1% of the world’s bitcoin, creating a strategic disadvantage for the Indian economy. The Indian government plans to appoint a new panel to study the possibilities of regulating digital currencies in the country, as well as focus on blockchain technology and propose it for technological improvements.

The ability of blockchain technology to provide secure and unchanging infrastructure has been understood by various industries to embed transparency in transactions. For a country with more than 15 million cryptocurrency users, the new board recommendation could be of great value in determining the future of cryptocurrency in India. However, stakeholders believe that technical and economic power will make India a key player in the crypto and blockchain market. Gradually, cryptocurrency is becoming increasingly accepted, which could lead to greater adoption of digital currency.

According to another TechSci Research report on “Indian cryptocurrency market By offer (hardware and software), by process (mining and transactions), by type (Bitcoin, Etgereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, others), by end user (banking, real estate, stock exchange and virtual currency), By regions, forecasts and opportunities, 2026 “, the Indian cryptocurrency is projected to grow with significant CAGR due to the growing demand for transparency and reduced transaction costs. In addition, increasing digital currency adoption and growing blockchain technology are boosting the Indian cryptocurrency market.

Around the world, people’s life expectancy has risen by leaps and bounds. Compared to the 1950s, it increased by 50%, and compared to the 1980s, it increased by 30%. Gone are the days when only company-sponsored retirement plans were enough to spend the golden age in a relaxed and carefree way.

Today, with the rise of other expenses such as housing, education, health care and more, few people find it increasingly difficult to save for retirement.

Unfortunately, the bitter truth is that people of all generations, from baby boomers to millennials, do not save enough for retirement. Savings is one of the world’s most underrated epic crises.

“Retirement is complicated. It’s never too early or too late to start preparing for retirement.”

Therefore, people are trying to find alternative options that give them higher returns in a shorter period of time. Traditionally, real estate, private capital and venture capital have been sought. Now a new and more additional income and lucrative investment has joined the picture – enter cryptocurrencies.

Cryptocurrency investments – For those who do not want to put all their eggs in one basket

One of the biggest benefits of investing in cryptocurrencies is that it separates your portfolio from reserve currencies. For example, if you live in the UK, then you are required to have shares in UK-based companies in your retirement portfolio if you are in equity. What will happen to your portfolio if the British pound falls? And given today’s changing political scenario around the world, nothing is certain.

Therefore, investing in cryptocurrencies makes the most sense. By investing in digital currency, you effectively create a basket of digital coins, which acts as an effective protection or as a safe bet against the weakness of the reserve currency.

The average investor should set aside only a small portion of their assets for retirement in cryptocurrencies, due to their volatility. But instability can diminish in both directions – remember the healthcare stocks of the 1950s and the tech stocks of the 1990s. The smart early investors were the ones who made it big.

Don’t be left behind or lose. Include cryptocurrencies in your assets to start building a truly, diverse portfolio.

Break down the wall – build your trust in cryptocurrencies

One of the biggest and most important obstacles most crypto investors face is not being able to trust digital currencies. Many, especially people who are not involved in technology or are close to retirement, do not understand what promotion is all about. Unfortunately, they fail to understand and appreciate the myriad potentials of cryptocurrency.

The reality is this – cryptocurrencies are one of the most reliable tools, supported by the latest technology. Blockchain technology that drives digital currencies allows you to trade instantly and indelibly without the need for third-party verification. It is a peer-based system that is completely open and works on advanced cryptographic principles.

Pension planning funds should work to demystify cryptocurrencies

In order to build trust and gain the support of individuals, retirement planning funds must educate investors about the endless potentials of cryptocurrencies. To do this, they need advanced analytics to help provide reliable risk analysis, risk / return metrics and projections.

In addition, investment firms can set up specialized cryptocurrency advisory services to help and guide new investors. In the coming years, several smart artificial intelligence-based advisors can be expected to appear on the scene – they will help calculate the right investment based on an individual’s time horizon, risk tolerance and other factors.

Human Advisors can work together with these intelligent advisors and provide clients with personalized consultations and other suggestions as needed.

The need for greater visibility and comprehensive control

Pension investors who want to add cryptocurrencies to their asset portfolio require more control and visibility while experimenting with this new asset. Look for platforms that allow you to combine all your resources in one place. An integrated solution that allows you to manage and balance all your assets including traditional ones such as bonds and stocks with new asset classes such as cryptocurrency wallets.

Having such a broad platform that supports all of your assets gives you a holistic portfolio analysis, helping you make better and more informed decisions. In this way, you achieve the ultimate saving goal for your goals faster.

Look for investment planning portals that also provide additional features such as periodic contributions to cryptocurrencies at planned or unplanned intervals.

Advances in cryptocurrency investment support technologies

Investing in cryptocurrencies will become mainstream only when the accompanying technology allows investors to trade coins without hindrance, even for new investors who are not aware of the knowledge. The exchange of one digital coin for another, or even for fiat currencies and other non-tokenized assets must be enabled. When this becomes possible, it will eliminate intermediaries from the equation, thus reducing costs and additional fees.

With the maturation of technologies that support cryptocurrency investment and trading, the value of digital currencies will increase further as the currency becomes mainstream with wider availability. This means that early users will benefit enormously. As more and more retirement investment platforms integrate cryptocurrencies, the value of digital currencies will surely increase by offering significant gains to those who have adopted early like you.

If you are wondering whether such retirement investment platforms will take several years to see the light of day, then you are wrong. Auctus is one such portal that is currently in the Alpha launch phase. It is the first portfolio retirement platform to include digital currencies. Auctus users can get investment advice from analytics tools powered by people and AI.

For now, users can save for retirement using Bitcoin, Ethereum and several other digital currencies. In addition, users can use the automatic rebalancing feature, which allows them to automatically adjust their portfolio using a set of preset rules.

This holistic approach ensures that beneficiaries can achieve their retirement goals earlier by making smart and correct investment choices or decisions.

Closing Thoughts – Cryptocurrencies should not be neglected in your retirement portfolio

Yes, it is true that cryptocurrencies are very unstable. In fact, there is speculation on the Internet that suggests that “cryptocurrencies are nothing but quick-draw schemes” and that the bubble is likely to burst in the near future.

Uncertainty does not mean that cryptocurrencies should not be part of your retirement portfolio, even if you have a short investment time horizon. On the other hand, the current decline in cryptocurrency prices in 2018 means that you have a rare opportunity to make profits.

Greater trust, holistic and directly controlled investment management capabilities, and advances in support technologies ensure that digital currencies are a great investment choice to include in your retirement portfolio.

Most people who enter the stock trade have found that reading from the tape is hard to do and very stressful. As a former Wall Street insider, there is a secret that most retailers don’t know.

Do not trade stocks with an average volume of over one million shares per day!

That’s it! It’s a big secret that most Wall Street insiders use to their advantage. Most retailers like to trade stocks that are on the most active lists because they are easy to buy and sell and have small differences. But there is a big problem with most high-volume stocks, and they are:

• Institutional order on all sides

• Spread traders / hedgers

• Too much information

Institutional order on all sides

Once too many institutions are involved in stock trading, it constantly changes the direction of the price. Institutions buy and sell stocks for many reasons that have nothing to do with stock bases. Some examples of why institutions buy and sell stocks are:

• Investors buy or sell shares in their fund

• Annual showcase

• Sector rotations

When you mix all these big orders together then it creates unstable conditions and it makes it difficult to read the tape. The direction of the bar changes back and forth to quickly sense any behavior. Another problem that institutions create is due to sending large orders at order counters. Most order counters “work to order,” which means you get the best price possible. This affects the trader because every time the stock looks like it is going to go in one direction, the ordering service enters and stops that movement.

Spread Traders and Hedgers

Spread traders and hedgers trade to protect second position. The direction usually does not affect them so their decisions are based on widespread relationships. One example would be Lowe’s Home Depot Stock Verse. If Home Depot was up 3% a day and Lowes was up just 1%, then a forward trader could sell Home Depot shares in the short term while buying Lows shares. These types of traders capitalize on the difference in the range of 2% because they know that the stock prices of both companies are moving together and will eventually return.

Too much information

Finally, it is simply too much information. As a tape reader, you need to be able to remember certain prices and the way quotes behaved around those prices. For example, if every time a stock falls to the lowest part of the day and many sales orders come in, but ECN just sits there and absorbs all the sales. In this case, you would buy that support unless that ECN gets out of the way and the price drops so low. A good cassette reader learns to remember certain price levels and how the order book reacts to those levels. If you trade a stock that has a lot of orders by volume, they come and go too fast to remember and read that data.

In the first issue of CRYPTO TREND, we introduced cryptocurrency (CC) and answered several questions about this new market space. There is a lot of NEWS in this market every day. Here are some highlights that give us an insight into how new and exciting this market space is:

The world’s largest futures exchange for creating futures contracts for Bitcoin

Terry Duffy, president of the Chicago Mercantile Exchange (CME), said “I think you’ll see ours sometime in the second week of December [bitcoin futures] listing agreement. You can’t cut bitcoin today, so there is only one way. Either buy it or sell it to someone else. So you create a two-way market, I think it’s always much more efficient. “

CME intends to launch Bitcoin futures by the end of the year pending regulatory review. If successful, it will give investors a sustainable way to go “long” or “short” on Bitcoin. Some stock market traders have also applied for bitcoin ETFs that track bitcoin futures.

This development has the potential to allow people to invest in cryptocurrency space without owning a CC or using CC exchange services. The future of bitcoin could make digital assets more useful by enabling users and intermediaries to protect their foreign exchange risks. This could increase the adoption of cryptocurrency by traders who want to accept bitcoin payments but are wary of its volatile value. Institutional investors are also accustomed to trading in regulated futures, which are not bothered by money laundering concerns.

The CME move also suggests that bitcoin has become too large to be ignored, as the exchange seemed to have ruled out crypto futures in the recent past. Bitcoin is almost everything that someone talks about in brokerage and trading companies, which have suffered because of the growing, but unusually peaceful markets. If futures on the stock market took off, it would be almost impossible for any other stock exchange, such as CME, to catch up, since volume and liquidity are important in derivatives markets.

“You can’t ignore the fact that this is becoming more and more a story that won’t go away,” Duffy said in an interview with CNBC. There are “mainstream companies” that want access to bitcoin and there is “huge accumulated demand” from customers, he said. Duffy also believes that bringing institutional traders to market could make bitcoin less volatile.

The Japanese village will use cryptocurrency to raise capital to revitalize municipalities

The Japanese village of Nishiawakura is exploring the idea of ​​holding an Initial Coin Offer (ICO) to raise capital to revitalize municipalities. This is a very new approach and they may seek the support of the national government or seek private investment. Several ICOs have had serious problems, and many investors are skeptical that each new token will have value, especially if the ICO turns out to be another joke or scam. Bitcoin was certainly not a joke.

INITIAL COIN OFFER – (ICO)

We didn’t mention ICO in the first issue of Crypto Trend, so let’s mention it now. Unlike the Initial Public Offering (IPO), where a company has an actual product or service to sell and wants to buy shares in their company, an ICO can be held by anyone who wants to launch a new Blockchain project with the intention of creating a new token on their chain. ICOs are unregulated, and several are completely false. However, a legitimate ICO can raise a lot of money to fund a new Blockchain project and network. It is typical for an ICO to generate a high price token near the beginning, and then return to reality soon after. Since the ICO is relatively easy to maintain if you know the technology and have a few dollars, there were many, and today we have about 800 tokens in the game. All these tokens have a name, they are all cryptocurrencies, and except for very well-known tokens, such as Bitcoin, Ethereum and Litecoin, they are called alt-coins. At the moment, Crypto Trend does not recommend participating in the ICO, because the risks are extremely high.

As we said in No. 1, this market is currently the “Wild West” and we recommend caution. Some investors and early users have made big profits in this market space; however, there are many who have lost much, or all. Governments are considering regulations because they want to know about every transaction in order to tax them all. They all have huge debts and do not have enough money.

So far, the cryptocurrency market has avoided many government and conventional financial problems and pitfalls, and Blockchain technology has the potential to solve many more problems.

A great feature of Bitcoin is that the founders chose the final number of coins that can ever be generated – 21 million – thus ensuring that this crypto coin can never be inflated. Governments can print as much money (fiat currencies) as they want and inflate their currency to death.

Future articles will deal with specific recommendations, however, make no mistake, early investment in this sector will only be for your most speculative capital, money you can afford to lose.

CRYPTO TREND will be your guide if and when you are ready to invest in this market space.

Stay Tuned!

This year we can notice that cryptocurrencies tend to move up and down even by 15% of the value on a daily basis. Such price changes are known as volatility. But what if … this is perfectly normal and sudden changes are one of the characteristics of cryptocurrencies that allow you to make good money?

First of all, cryptocurrencies have come into the mainstream very recently, so all the news about them and rumors is “hot”. After each statement of civil servants about the possible regulation or prohibition of the cryptocurrency market, we notice large price movements.

Second, the nature of cryptocurrencies is more like a “store of value” (as gold was in the past) – many investors see them as a reserve investment option for stocks, physical assets such as gold and fiat (traditional) currencies. Baud rate also affects cryptocurrency volatility. For the fastest, the transfer takes only a few seconds (up to a minute), which makes them a great tool for short-term trading, if there is currently no good trend on other types of assets.

What everyone should keep in mind – this speed also applies to cryptocurrency lifecycle trends. While in regular markets trends can last for months or even years – here it takes place in a couple of days or hours.

This brings us to the next point – although we are talking about a market worth hundreds of billions of US dollars, it is still a very small amount compared to the daily trading volume compared to the traditional currency market or stocks. Therefore, an investor who makes a transaction of 100 million on the stock exchange will not cause a huge change in price, but on the scale of the cryptocurrency market, this is a significant and noticeable transaction.

As cryptocurrencies are digital assets, they are subject to technical and software updates to cryptocurrency features or the expansion of blockchain collaboration, making it more attractive to potential investors (such as activating SegWit basically caused Bitcoin to double in value).

Combined, these elements are the reasons why we observe such large changes in the prices of cryptocurrencies within a few hours, days, weeks, etc.

But the answer to the first paragraph question – one of the classic trading rules is to buy cheap and sell expensive – so having short but strong trends every day (instead of weaker ones lasting weeks or months like stocks) gives you a much better chance of making a decent profit. if used properly.